Barrick outlines $2bn prospective organic growth project pipeline

Barrick Gold has reported the results of prefeasibility and feasibility studies on projects in its organic growth pipeline, saying on Monday it could spend more than $2-billion should it decide to proceed with the projects in Nevada and Peru. The TSX- and NYSE-listed company said it would cost about $1-billion to develop an underground mine at Goldrush, in Nevada. Construction would start in 2020, should Barrick decide to proceed with the project.